Verge News

Verge (XVG) Loses a Huge 38% Over the Last Month

As the whole market went rogue, Verge cryptocurrency seems to have been impacted heavily as well. It has been through a massive price correction in the last 30 days, and its value has been down by a whopping 38.76% in this period. At the time of writing, it was trading around $0.00239.

Verge Price Analysis

Verge (XVG) Price News
XVG/USD Chart By TradingView

On February 28, XVG coin opened the day at $0.003908, and over the next ten days, it lost 20% value and got pulled down to $0.003089. It was followed by another price drop of 55.57% registered between March 10 and 13. In these three days, the Verge’s price dropped to $0.001555, the lowest point of the month. However, the coin started showing signs of strength since then. Between March 13 & 27, XVG’s price marked slow and steady upside momentum and escalated to a new high at $0.002542.

Verge’s current price at $0.002393 is almost 4% less than its 90 days MA ($0.0025) and 200 days MA ($0.002481). Its RSI is currently at 41.16 points. Recently, XVG price got rejected from $0.0025 and faced moderate fall, and as per the current price momentum, in the next few hours, the currency may witness a price correction and reach the next support $0.002340.

Erica Lee

Erica is a finance professional who has over a decade of experience in the finance sector as a management consultant. After years of reporting on forex, stock markets, and finance, she now contributes her strong financial skills with the CoinNewsSpan team. Since 2014, she has been deeply involved in the blockchain and cryptocurrency space. She believes that blockchain technology has tremendous potential to make our lives better.

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